Lower nickel and copper prices and a fickle gold price led many of the mining stocks on eastern markets into decline amid the slow trading of Easter week. For our report period, the week ended April 1…
The Sterling gold mine, owned 52% by Cathedral Gold (TSE), turned out 14,109 oz. gold in 1992, the most in its 12 year life. Cash costs increased to US$298 per oz. from US$264 per oz. in 1991, when 12…
Metal production and consumption estimates for 1992 and projected volumes for 1993 have begun to appear. Some observations: The restructuring of American and Commonwealth of Independent States defence…
Drilling by USMX (NASDAQ) has resumed on the Tombstone, Ariz., gold-silver properties of Excellon Resources (VSE) and Valdez Gold (ASE). The first phase involved 26 holes. USMX must decide by the end …
Trading on western markets slowed somewhat during the week ended Apr. 13, with the Vancouver Stock Exchange resource index posting an 8.83-point loss to the 931 level, while the composite index closed…
Property writeoffs have pushed Crown Resources (TSE) well into the red with a net loss of US$8.6 million for the year ended Dec. 31, 1992. The company withdrew from the Kettle River gold mine joint ve…
Toronto-based Republic Goldfields (VSE) has acquired a privately held Montreal-based company whose principal asset is its interest in the Ellison gold property in Bousquet Twp., Que. The property is l…
Four significant milestones were achieved by Highland Valley Copper during 1992. The operation, located near Logan Lake, B.C., mined a record 96.3 million tonnes during 1992 while copper recoveries we…
A feasibility study for a coal mine in Kazakhstan is nearly finished, engineering firm Marston & Marston of St. Louis, Mo., reports. The Kenderlyk project includes an open pit to mine steam coal from …
The board of directors of Napoleon Exploration (TSE) is seeking a change in the company’s name to Argentina Gold Corp. to reflect corporate activities in South America. Shareholders will vote May 19 o…
Directors of CMP Resources (ME), Plexus Resources (TSE) and 1021105 Ontario Corp. have approved an amalgamation of the companies. The following share exchange ratios have been set: 2.1 shares of the a…
Canada’s diamond exploration play has helped line the pockets of not only speculators, but also those who hold options on the associated penny stocks. Frederick Wynne, a director of Tyler Resources (T…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.